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For some strange reason, people tend to think that because Bitcoin is a new type of currency, there's some magical way you can earn Bitcoins or make money from it easily. Im sorry to burst the bubble, but Bitcoin is just like any other currency on the market.

Even though cryptocurrencies in general might hold some new possibilities for generating income the basics are the same youll need to invest cash, or money in order to generate money.

All of the methods Ill go over are things weve really tested ourselves at 99Bitcoins, so you can rest assured were talking from experience. Lets get started

One of the cheapest, easiest but most time consuming tactics to really earn Bitcoin is via micro earnings. This means that youll basically be doing small jobs and earning fractions of a coin for your period you spend.

Some of the well-known micro earnings websites are Bitcoin taps websites that you repeatedly visit every couple of minutes in order to claim a very small amount of coins. Faucets are actually a subcategory of all PTC websites, PTC meaning Pay to Click. PTC sites will usually have you click on an advertisement or on a button on the site in order to make money from ad sales.

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From our calculations, if you operate non stop at clicking buttons youll average anywhere between 5-40 cents an hour. Not sure thats worth your time or even the power for running your computer.

While participating as a faucet user might not earn you a lot of money, owning your own faucet is a whole different story. Now, you can construct a cryptocurrency faucet relatively easily and earn money from selling ads on your site.

At 99Bitcoins we have been running our own faucet for almost 3 years now. Depending on the advertisers youre using and the amount of traffic you have you can make around $1000/month running a tap.

But, running a faucet requires a reasonable amount of time and effort. Youll need to establish your own website, manage users, prevent fraud and bring some initial capital to fund the faucet when starting out. Heres our beginners guide to running a faucet.

Somewhere around mid-2014, BitcoinTalk, a leading Bitcoin forum,  began running signature campaigns. Simply put, you could use your BitcoinTalk signature to advertise a product and get paid for every post you write. The complete collection of campaigns can be seen on the forum .

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With a signature campaign You get paid according to your membership level on BitcoinTalk. Typically, anyone using a standing less than full member wont get paid that much, in the end. To be a full member, youll need at least 120 posts under your belt. There are also limitations on posts; such as length, original content, and more. .

Sometimes, theres also a minimum post requirement each week. From our experience you can make up to $5 an hour depending no how much you write and your membership level. This, of course, does not include the number of posts you need to compose in order to earn the mandatory membership level on BitcoinTalk. .

One of the fastest, easiest but riskiest ways that you can make money with Bitcoin is by trading it on an exchange. Fundamentally youre trying to get Bitcoin when its price is reduced and sell it when the price increases.

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However, trading Bitcoin successfully is not a matter of luck or guesswork. Profitable traders spend a substantial amount of time learning how to trade and how Read Full Article to conquer the many dangers involved with trading. Successful traders know they may get rid of money in the short term but they look at it as an investment in their own education, since they are aiming for the long run. .

If you want to be a dealer make certain that you've got the time and funds to invest in good trading education.

One of the most overlooked ways to earn money with Bitcoin is by promoting various affiliate programs. Affiliates are people who market a certain business for free but get a commission if they manage to bring in paying customers.

Many Bitcoin exchanges, goods and services have an affiliate program in which you can enroll. You then get your own unique affiliate link in order to promote that product or service.

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Naturally there are many ways that you can market your affiliate link you can share it on Facebook, run advertising campaigns on different sites or look at here even set up your own information site and promote your links within your content.